I. C. S. G.? AND Cu MWE 2015 will find a supply surplus as demand lags production growth, the supply side may face considerable obstacles as demand continues to expand. the shortfall in supply relative to demand in part comes from declines in production in Indonesia, Zambia, and Australia, due to export bans, operational failures,and temporary mine closures, threats to supply could persist into 2015, as the cost of powering mines increases, political risks to security and transportation growth, and FX risks remain if strong exports drive up domestic costs. however, despite downward risks annual copper mine production capacity is still expected to expand at an average rate of 7% per year through 2017, with a 56% of the growth to come from Peru, Zambia, Chile, Mexico,and DEMOCRATIC REPUBLIC OF CONGO. from a demand perspective growth in China, which accounts for 40% of global demand. is expected to slow to 5% next year,on a cooling real estate market. with security growth projected to edge out demand this year.COPPER prices, as forcasted by the Chilian copper commision, are expected to average .12c, per lb . lower in 2015, than the current average of 2014 of 3.12 lb US. mostly electronics, as the oil and commodity prices are at lower levels so far in 2015 . MWE has an excellent chance for future higher growth in 2015 and beyond, JMO gtla. Cheers!